Energy Update

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JOHANNESBURG, Sept 21 (Reuters) - Diamond miner De Beers said global diamond jewellery sales grew by 3 percent last year to a record of over $80 billion, helped by strong demand in the United States, but warned 2015 will be tough for the industry.

LONDON, Sept 21 (Reuters) - A jet fuel market in Europe saturated by imports from Asia and the Middle East has forced sellers to keep their oil offshore on tankers or chose longer voyages as they seek out buyers.

Sept 21 (Reuters) - Britain's competition authority has extended the deadline for its investigation into the country's largest energy suppliers by six months to late June 2016 to consider feedback from industry and consumer groups, it said on Monday.

LAUNCESTON, Australia, Sept 21 (Reuters) - - If one was to compile a list of the biggest risk to metals and mining companies right now, it's unlikely that planning and executing a renewed growth strategy would the top issue.

** SSE, one of Britain's top six energy suppliers, up c.2 pct in strong volumes, top gainer on a negative E300 utilities index & 5th top gainer on FTSE's bluechip index

* Europe shares rise, Wall Street to follow after falls in Asia

Geothermal technology offers renewable energy that comes from under the earth. The energy is baseload, dispatchable, and 100-percent renewable.

MOSCOW, Sept 21 (Reuters) - Russia's top natural gas producer Gazprom has sent proposals to the European Commission regarding an out-of-court settlement of an antitrust case against the company, Interfax news agency quoted a Gazprom official as saying on Monday.

* Fossil fuel subsidies down from peak, still too high (Recasts, updates with news conference)

LONDON/FRANKFURT, Sept 21 (Reuters) - Swedish buyout group EQT has received offers for its Dutch oil storage group Koole Terminals valuing the business at more than 1 billion euros ($1.1 bln), several people familiar with the deal said.

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